Intelligent Transportation System Market Set to Achieve USD 68.41 Billion Revenue by 2030 with 11.3% CAGR – Introspective Market Research

Global Intelligent Transportation System Market Size Was Valued at USD 29.05 Billion In 2023 And Is Projected to Reach USD 68.41 Billion By 2030, Growing at A CAGR of 11.3% From 2023 To 2030.

The Intelligent Transportation System (ITS) market is witnessing significant growth due to the increasing demand for efficient traffic management, improved road safety, and enhanced transportation infrastructure. ITS encompasses a range of technologies aimed at optimizing transportation networks, including traffic monitoring systems, advanced traffic management systems, electronic toll collection, and vehicle-to-infrastructure communication. increasing demand for sensitive vehicles with integrated state-of-the-art telecommunication technology as well as the improved security and police investigation through modern cameras and license plate recognition of vehicles on the streets, aging infrastructure.

Get a Free Sample Report with Table of Contents @ https://introspectivemarke...